Industry News

HUD looking at Freddie, Fannie investments

Review to focus on whether GSEs neglected public purposes
Published on Aug 11, 2006

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by CareyBot

As Congress debates whether to strip it of much of its role overseeing Fannie Mae and Freddie Mac, the Department of Housing and Urban Development is launching a “comprehensive review and evaluation” of the government-sponsored lenders’ investments. Investigations into accounting ...